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Fostoria, MI vs Luther, MI

79
Fostoria
Michigan
VS
+10.3%
72
Luther
Michigan

Luther is moderately more affordable than Fostoria, with a 10.3% lower cost of living index. Fostoria scores 79 compared to 72 for Luther, where the US average is 100. This difference means residents of Fostoria can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fostoria is $1,091/month compared to $988/month in Luther — a 10% difference. Home values follow the same pattern: Luther is more affordable at $107,100 median vs $140,400.

Median household income in Fostoria is $95,491 compared to $58,125 in Luther (+64.3%). While Fostoria is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fostoria spend roughly 13.7% of their income on rent, less than the 20.4% in Luther.

Income & Cost

Cost of Living Index
Fostoria
79
Luther
72
9% cheaper
Median Household Income
Fostoria
$95,491
39% higher
Luther
$58,125

Housing

Median Rent
Fostoria
$1,091
Luther
$988
9% cheaper
Median Home Value
Fostoria
$140,400
Luther
$107,100
24% cheaper
Population
Fostoria
1,081
Luther
375

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fostoria $3.00
Luther
US $3.07
🥚
Eggs (grade A, large)
Fostoria $2.45
Luther
US $2.50
🥛
Milk (whole)
Fostoria $3.94
Luther
US $4.03
🍞
Bread (white)
Fostoria $1.81
Luther
US $1.85
🍗
Chicken breast
Fostoria $4.06
Luther
US $4.14
Electricity
Fostoria $0.20
Luther
US $0.19